Medicare's therapy policy under attack

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Meanwhile, the AP reports on how some insurers are profiting from "playing the float."

Chicago Tribune: Medicare's Policy On Therapy Comes Under Attack
The federal government is illegally denying thousands of chronically ill Americans needed therapies and medical services, five national organizations charged Tuesday in a lawsuit filed in U.S. District Court in Vermont (Graham, 1/18).

The Associated Press: Insurers Profit On Medicare Float
Private health insurance plans catering to Medicare recipients are making millions by taking money the government sends in advance — but isn't immediately needed — and using it to make investments, federal investigators say in a report obtained by The Associated Press. In financial parlance, it's called "playing the float" (Alonso-Zaldivar, 1/19).


http://www.kaiserhealthnews.orgThis article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.

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